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Suppose that Martin Metal Products changes its policy and starts paying all of its suppliers within 60 days rather than the 30 days that it
Suppose that Martin Metal Products changes its policy and starts paying all of its suppliers within 60 days rather than the 30 days that it currently uses. Which one of the following will result from this change?
A. Increase in receivables period
B. Increase in inventory period
C. Decrease in cash cycle
D. Increase in operating cycle
E. Decrease in accounts payable period
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